Tag: SBP
Stay informed with SBP announcements, interest rates, banking policies, exchange rates, financial regulations, and economic updates.
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FBR extends working hours on May 30 – 31 for tax collection
ISLAMABAD: The Federal Board of Revenue (FBR) on Saturday directed the offices of Inland Revenue to observe extended working hours to facilitate taxpayers in payment of duties and taxes.
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SBP directs banks to report digital fraud cases
KARACHI: The State Bank of Pakistan (SBP) has directed banks to submit reports of all digital frauds and scams related to their account holders. The SBP issued a circular dated May 26, 2022 said it had been decided that all banks and microfinance banks (MFBs) would additionally submit data of all digital frauds and scams…
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SBP injects Rs3.22 trillion to banking system through OMO
KARACHI: The State Bank of Pakistan (SBP) on Friday injected a hefty amount of Rs3.22 trillion to the banking system through 7-day and 63-day Open Market Operation (OMO). The SBP conducted the 63-day Open Market Operation (OMO) and injected Rs1.8 trillion at a rate of 13.84 per cent. Analysts at Topline Securities said that the…
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SBP issues KIBOR rates – May 27, 2022
KARACHI: State Bank of Pakistan (SBP) on Friday issued the Karachi Interbank Offered Rates (KIBOR) as on May 27, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 13.65 14.15 2 – Week 13.72 14.22 1 – Month 13.79 14.29 3 – Month 14.29 14.54 6 – Month 14.47 14.72 9 – Month 14.53 15.03…
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SBP’s customer forex rates – May 27, 2022
KARACHI, May 27, 2022: The State Bank of Pakistan (SBP) provided customers with the foreign exchange rates on May 27, 2022. These rates, derived from the weighted average rates of commercial banks, are a vital reference point for businesses and individuals engaged in international transactions.
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Pakistan’s forex reserves ease to $16.15 billion
KARACHI: Pakistan’s foreign exchange (forex) reserves eased to $16.15 billion by week ended May 20, 2022, State Bank of Pakistan (SBP) said on Thursday. The foreign exchange reserves were at $16.161 billion a week ago i.e. May 13, 2022. READ MORE: Pakistan’s forex reserves fall to $16.37 billion The country’s foreign exchange reserves hit record…
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SBP issues KIBOR rates – May 26, 2022
KARACHI: State Bank of Pakistan (SBP) on Thursday issued the Karachi Interbank Offered Rates (KIBOR) as on May 26, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 13.60 14.10 2 – Week 13.71 14.21 1 – Month 13.81 14.31 3 – Month 14.40 14.65 6 – Month 14.57 14.82 9 – Month 14.60 15.10…
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SBP’s customer forex rates – May 26, 2022
KARACHI, May 26, 2022 — The State Bank of Pakistan (SBP) has released the foreign exchange rates for customers on Thursday, May 26, 2022. These rates are calculated based on the weighted average rates of commercial banks operating in the country.
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SBP issues KIBOR rates – May 25, 2022
KARACHI: State Bank of Pakistan (SBP) on Wednesday issued the Karachi Interbank Offered Rates (KIBOR) as on May 25, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 13.62 14.12 2 – Week 13.72 14.22 1 – Month 13.80 14.30 3 – Month 14.41 14.66 6 – Month 14.58 14.83 9 – Month 14.60 15.10…
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SBP’s customer forex rates – May 25, 2022
KARACHI, May 25, 2022 — The State Bank of Pakistan (SBP) has released the foreign exchange rates for customers on Wednesday, May 25, 2022.
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